The dollar starts the last day of January slightly down and is quoted at S/ 3.8510, according to the Bloomberg portal price at 09:15 am Last Friday it had closed at S/ 3.8520, according to the Central Bank of Reserve of Peru (BCRP).
The greenback has experienced one of the fastest falls in its history in the last month, after closing at S/ 3.9910 in 2021. In this way, the sun is once again establishing itself as one of the strongest currencies in the region, although not necessarily the most stable. The sun has strengthened by at least 3.48%.
This occurs in days that the Ministry of Economy and Finance (MEF) updates upwards the Selective Tax on ISC consumption of cigarettes, pisco and alcoholic beverages with more than 20 degrees of alcohol.
It was also known that the average interest rate charged by banks for mortgage loans in soles is 6.79%, while the same loan, but in dollars, is 4.88%, both below the pre-pandemic levels, as reported by the Association of Real Estate Companies of Peru (ASEI).
At the international level, the currency consolidated its gains on Monday, after hitting a maximum of one and a half years on Friday, while the yield curve of US Treasury bonds extended a three-week flattening streak after harsh comments from a Federal Reserve authority.
As reported by the Reuters agency, after the Fed clearly showed last week its intention to raise interest rates in March, the foreign exchange markets and the main Wall Street banks now expect up to five hikes this year.
Source: Larepublica
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